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The Daily Hodl 2023-08-28 22:01:50

SEC Says NFTs Are Securities in Lawsuit Against Los Angeles Entertainment Company Impact Theory

The U.S. Securities and Exchange Commission (SEC) is charging a widely followed media company with securities violations in relation to the sale of non-fungible tokens (NFTs). The SEC is announcing formal charges against the Los Angeles-based entertainer Impact Theory for allegedly offering NFTs as an “unregistered offering of crypto asset securities.” “[The SEC] today charged Impact The post SEC Says NFTs Are Securities in Lawsuit Against Los Angeles Entertainment Company Impact Theory appeared first on The Daily Hodl .

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